Which type of firm would most likely carry the most finished goods inventory?
A)A manufacturing firm.
B)A retail firm.
C)A service firm.
D)A wholesale firm.

Question

Quizplus · Accepted Answer

A retail firm is likely to carry the most finished goods inventory as they are responsible for purchasing and selling already manufactured products. They need to have enough inventory on hand to meet customer demand and ensure products are always available for purchase. Manufacturing firms, on the other hand, usually produce products on demand and therefore may not need to carry large amounts of finished goods inventory. Service firms and wholesale firms may not have finished goods inventory at all, depending on the nature of their business.

Which Type of Firm Would Most Likely Carry the Most